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Virgin employee quits after claims she sent celebrity flight details to paparazzi
Solicitors for Sienna Miller say they are taking legal instructions over the alleged leak by a Virgin Atlantic employee. Photograph: Rex Features A senior employee at Virgin Atlantic has resigned after allegations that she passed private flight details of celebrities, including Ashley Cole and Sienna Miller, to a global paparazzi agency. Emails seen by the [...]
Banks fall on market chatter
Banks slipped in the afternoon on vague gossip doing the rounds of a European bank being in trouble. Lloyds closed down 0.5p at 31.4p, while Royal Bank of Scotland was 0.28p lower at 25.8p.In the wider market, the FTSE 100 closed up 19.9 points at 5723.67 after an uneventful day. Traders were sitting on their [...]
UK economy grew 0.1% to avoid recession, says NIESR
NIESR’s estimate followed official data for February showing a worse-than-expected slump in manufacturing. Photograph: Christopher Thomond The UK economy has avoided a double-dip recession by the narrowest of margins, a leading thinktank predicted after a manufacturing slump underscored the fragile nature of Britain’s recovery. The economy grew just 0.1% in the first [...]
Black beer’s future looks dark after budget tax relief changes
Production of Mather’s Black Beer at Continental Wine and Foods in Huddersfield. Photograph: Christopher Thomond for the Guardian When George Osborne revealed the contents of his red box last month, much of the focus was on pensioners as the big losers of the coalition’s third budget. But 200 miles up the M1, a family-run brewery [...]
Amazon a ‘dangerous’ force, says Ottakar’s founder
Ottaker’s founder James Heneage. Photograph: Shaun Curry/AFP/Getty Images The founder of the Ottakar’s book chain has described Amazon as a “dangerous” force that is damaging the high street book trade and threatens to undermine publishers’ ability to nurture new talent. “If you are concerned about the sort of books that get published you have to [...]
Investors dump euro and risky bonds as fears about Spain intensify
A man injured after a clash with police in Madrid during last month’s general strike. Photograph: Jose Luis Cuesta/Demotix/Corbis Worries about Spain’s perilous economic outlook and the threat it poses to its fragile eurozone neighbours intensified on Thursday night as investors dumped the euro and riskier government bonds ahead of the long holiday [...]
What’s really happening with UK manufacturing?
A factory and housing in Darwen, Lancashire. Photograph: Christopher Thomond Somebody is getting it wrong about UK manufacturing. The picture is rosy according to the survey evidence, with purchasing managers, the EEF, the British Chambers of Commerce and the CBI all painting a picture of a sector that is, if not in rude good health, [...]
Jaguar F-type triumph illustrates Britain’s two-speed car industry
The new Jaguar F-type two-seater convertible will be built in Birmingham. Photograph: PA The two-speed nature of Britain’s car industry was underlined by Jaguar Land Rover this week. In the fast lane, premium producers such as JLR, Bentley and Mini are booming on the back of demand from emerging market customers in China and India. [...]
Greek suicide seen as an act of fortitude as much as one of despair
Greek mourners: it was not suicide, it was financial murder Link to this video A picture of the man who has come to embody the inequities of Greece’s financial crisis has begun to emerge, with friends and neighbours shedding light on the life of the elderly pensioner who killed himself in Athens on Wednesday.Named as [...]
